Property summary
This exceptional 3,188 square foot restaurant located at 833 3rd Street in LaSalle, Illinois, presents a unique investment opportunity. Priced at $350,000 ($109.79/sq ft), this vacant, single-unit property boasts a prime location in a high-traffic area near the downtown core. Built in 1994, the building features a single story with a 10-foot ceiling height and sits on a substantial 28,300 square foot lot. Ample parking is available with 50 spaces provided. The property is zoned for commercial use and is offered as a NNN lease. The restaurant is well-maintained and comes equipped with many recent updates, including fixtures, equipment, and furniture. Significant kitchen equipment is already in place, minimizing start-up costs for a new operator. A walk-in cooler is also included. This turnkey operation is ready for immediate occupancy, offering a rare chance to establish or relocate a thriving restaurant business in a desirable location. The property's APN is 1815401019. This is a vacant property with zero remaining lease term.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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